Shipping Costs Have You Down? You Need Parcel BI

Parcel BI - A tool to uncover what you are really spending on shipping costs

Vizion Solutions’ new online parcel spending analysis tool is making waves. Parcel BI provides insight into the cost of shipping products across parcel carriers in an organization. Companies are saving thousands of dollars on their shipping costs by monitoring and managing parcel spend with Parcel BI.

Do you need help understanding complicated billing and shipping contracts for your parcel spend across multiple accounts, with multiple carriers? Don’t we all.


“E-commerce and direct to customer delivery are just a few of the factors that are changing the parcel delivery landscape. The rising costs of shipping are impacting the bottom line of many companies. Companies need to reduce costs, and to do so effectively, they need easy access to actionable data.” said Giles Manias, Director of Product Development at Vizion Solutions.
 

What Are You Spending? Announcing Parcel BI

Clients “Love” Savings from Parcel BI

The VP of Logistics at a prominent online/in-store retailer did not have a useable tool to look at his carrier data in one location until he got started with Parcel BI. “I love, love, love it,” he said, as he learned that his company, with over 130 locations nationwide, was spending tens of thousands of dollars annually on late fees and other avoidable charges using this new tool by Vizion Solutions.  


“I can now go back to my finance department and show them the savings we made with a better contract and the savings from properly setting up the payment process. Parcel BI has uncovered training opportunities that will lead to additional savings as we move forward. Though I have had the raw data, I have never had an easy way to get the information I needed, until now,”  


Based on their findings, this VP and his accounting team made changes to their system processes and accounts to realize over $50,000 in annual savings. 


These savings were not refunds, where other parcel consultants stop, but additional savings opportunities uncovered with Parcel BI. “This tool offers a superior refunding mechanism,” says Manias. “But our focus goes far beyond refunds. Parcel BI is about savings through process improvement, best practices, and using your data effectively.” 


About Parcel BI 
 

Parcel BI is a cloud-based software available at parcelbi.com.  Founded in 2002, Vizion Solutions, LLC has been a leader in the Business Intelligence industry for over 16 years. The company offers a wide range of products and services designed to deliver data through reports that empower companies to grow, increase margin and reduce costs while managing risk.  Vizion Solutions is a certified Gold Partner with Microsoft, using the latest tools and innovations to create its latest solutions offering: Parcel BI. 
 

Schedule a Demo


For more information on Parcel BI or Vizion Solutions: contact Giles Manias phone: 216-358-0812 email: info@parcelbi.com


Parcel BI is a registered trademark of Vizion Solutions. All rights reserved.

www.VizionSolutions.com

 

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What is the Value of Connecting with Your Data?

By Parcel BI
July 17, 2019 Category: Cost Savings

How much money do you spend on parcel shipping a year? What would a 5%, 10 % or 25% reduction in that spend mean to you? What are you doing now to manage and limit the money you are paying to your parcel carriers? No matter how big or small your company is, you never want to waste your time and money. Most companies dont have an effective means to make sense of their invoices and find unnecessary shipping charges, corrections, or chargebacks. Business Intelligence is using data to make better business decisions and gain insight. Parcel BI provides you with business intelligence tools that empower you to take control of your parcel spend without wasting time. Quickly Find Savings Connecting to data can provide savings in various ways, not everything is obvious An example of one of our customers who does not have a very high parcel spend, less than two hundred thousand dollars annually. This particular customer is an omnichannel shipper, meaning they ship outbound on their customers

Understanding How Shipper of Record Affects Parcel Spend

By Parcel BI
July 09, 2019 Category: Shipper Of Record

A shipper of record is the company that is initially shipping out a package, not necessarily the company paying for the shipping. For example, you could be shipping something to your customer on their account, and you think that youre not paying for anything because they are the ones who will be charged for shipping costs. However, there are certain charges that you could be subject to that you may not be aware of. What are Charges You Need to be Aware of as the Shipper of Record? Address Corrections: If you ship out a package to your customer but entered the wrong address, you are subject to the address correction fees, not the billed account! This comes as a surprise to many shippers who do a lot of third party shipping. At $16 or more, these charges can add up fast! Invalid Accounts: If your customer has given you the wrong account information or their information has expired, but you ship using that invalid account, you will have to pay a fee for that and may be subject to a

How Parcel BI Makes Managing Many Accounts Easier

By Parcel BI
July 02, 2019 Category: Parcel, Savings, BI Solutions

E-commerce is a huge part of how we buy these days, and as a result, it has really changed the game for business supply chains and logistics. Many retailers are now shipping out of various locations across the country, the continent of the world. As a result, they are managing dozens if not hundreds of different accounts. We call these omnichannel; companies that are fulfilling from multiple brick and mortar operations as well as distribution centers. Some organizations have accounts for multiple carriers at a single location, or accounts designated for different purposes as well. Death by 1,000 Paper Cuts The more accounts to manage, the more invoices to review and process. The greater the opportunity to miss opportunities to reduce spend and to leak money. Managing a handful of accounts is challenging enough, but multiply the possible errors by dozens or hundreds of accounts and the potential to miss things and have things such as late charges, chargebacks, audit fees, etc. just

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